Base Rental Rate. The “Base Rental Rate” for the period commencing on July 1, 2004, shall be as follows: Period Base Rental Rate per square foot of Rentable Floor Area of the Demised Premises July 1, 2004, through June 30, 2005 $16.50 July 1, 2005, through June 30, 2006 $17.00 July 1, 2006, through June 30, 2007 $17.50 July 1, 2007, through June 30, 2008 $18.03 July 1, 2008, through June 30, 2009 $18.57 July 1, 2009, through June 30, 2010 $19.13 July 1, 2010, through June 30, 2011 $19.70 July 1, 2011, through June 30, 2012 $20.29 July 1, 2012, through June 30, 2013 $20.90 July 1, 2013, through June 30, 2014 $21.53 July 1, 2014, through October 31, 2014 $22.18
Base Rental Rate. The Base Rent to be paid by Tenant shall be determined and agreed upon following receipt and agreement of the Parties of and concerning the exact scope and cost of the Tenant and Landlord work to performed in accordance herewith, but shall not, in any case, be less than the following: Rate/RSF Rate/SF # of Terminal & Food Platform and Month Months Prep Area Sidings Area 1-6 6 S0.00/SF TBD* 7-24 18 S12.00/SF TBD* 25-60 36 S15.00/SF TBD* 61-120 60 S18.00/SF TBD* *- To be determined based on review by Landlord's architect of impact to Master Plan.
Base Rental Rate. “Base Rent” is the aggregate of the Annual Base Rent payable by Tenant to Landlord determined in accordance with the Base Rent Chart for the Term of the Lease commencing on the Commencement Date. “Annual Base Rent” is the Base Rent for each of the Lease Years of the Term of this Lease. The “Base Rental Rate” is the amount of Base Rent on a RSF basis. Lease Month 1 begins on the Commencement Date. The Annual Base Rental Rate for Lease Year 1 (Lease Months 1 - 12) is $29.50 per RSF* of the Leased Premises and thereafter the Annual Base Rent increases as follows: Base Rent Chart Period Lease Months Annual Base Rent Lease Year 1 Lease Months 1 - 12 $ 29.50/RSF* Lease Year 2 Lease Months 13 - 24 $ 30.25/RSF Lease Year 3 Lease Months 25 - 36 S31.00/RSF Lease Year 4 Lease Months 37 - 48 S31.75/RSF Lease Year 5 Lease Months 49 - 60 $ 32.50/RSF Lease Year 6 Lease Months 61 - 72 $ 33.25/RSF Lease Year 7 Lease Months 73 - 84 $ 34.00/RSF Lease Year 8 Lease Months 85 - 96 $ 34.75/RSF Lease Year 9 Lease Months 97 - 108 $ 35.50/RSF Partial Lease Year 10 Lease Month 109 $ 36.25/RSF * Base Rent is conditionally abated for Lease Months 1-2 (the “Abated Rent”) subject to the terms and conditions set forth herein. The Base Rent payable for a Lease Month (the “Monthly Base Rent”) is the Annual Base Rent set out in the above Base Rent Chart times the RSF of the Leased Premises divided by 12.
Base Rental Rate. From and after the Extension Date, the Base Rental Rate will be a gross payment of base rent and operating expenses, and such payment shall be due and payable as set forth in Section 5 of the Lease as modified herein in the following amounts, subject to adjustments as specified within this Fourth Amendment to Lease. Months Per Square Foot Operating Expenses Per Square Foot 9/1/04 - 11/30/05 $ 16.42 12/1/05 - 11/30/06 12.00 7.00 0.20 $ 19.20 12/1/06 - 11/30/07 12.36 7.00 0.20 $ 19.56 12/1/07 - 11/30/08 12.73 7.00 0.20 $ 19.93 12/1/08 - 11/30/09 13.12 7.00 0.20 $ 20.32 12/1/09 - 11/30/10 13.51 7.00 0.20 $ 20.71
Base Rental Rate. The initial Base Rental Rate shall increase from $6/sq. ft. to $6.80/sq. ft. Periodic increases thereafter shall remain at the $0 .25 or $0.50 increments as set forth in the Lease.
Base Rental Rate. The initial Base Rental Rate as set forth in Addendum A to the original Lease Agreement shall increase from $6/sq. ft. to $6.80/sq. ft. Periodic increases thereafter shall remain at the $0.25 or $0.50 increments as set forth in the Lease. An Amended Rent Schedule is attached as Amended Addendum A.
Base Rental Rate. The "Base Rental Rate" for the period from January 1, 2015 through December 31, 2015 and the Extension Terms shall be as follows: Lease Year Rental Rate Annual Base Rental Monthly Base Rental 1/1/15 – 12/31/15 $17.33 $146,091.96 $12,174.33 1/1/16 – 12/31/16 (1st Extension Term) $17.68 $149,042.40 $12,420.20 1/1/17 – 12/31/17 (2nd Extension Term) $18.03 $151,992.96 $12,666.08
Base Rental Rate. The base rental rate shall be payable in monthly installments (basic monthly rental) of $6,570.67, in advance on the first day of each month during the term hereof. Landlord acknowledges receipt of the sum $6,570.67, paid by Tenant upon the execution hereof being in payment of rent for the month of October 2017.
Base Rental Rate. The Base Rental Rate throughout the Lease Term shall be as follows: Months Base Rental Rate 1–12 $39,900.00 per month 13–24 $41,097.00 per month 25–36 $42,329.91 per month 37–48 $43,599.81 per month 49–60 $44,907.80 per month
Base Rental Rate. ANNUAL BASE RENT MONTHLY BASE RENT ---------------- ----------------- 3/1/97 - 2/28/98 $611,572.65 $50,964.39 3/1/98 - 2/28/99 631,300.80 52,608.40 3/1/99 - 2/29/00 644,958.75 53,746.56 3/1/00 - 2/28/01 666,204.45 55,517.04 3/1/01 - 2/28/02 687,450.15 57,287.51 The above table will be adjusted if relocation date is other than 3/1/97.
